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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)
Crossroads (+60) - SARJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SARJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SARJPY
The long-term trend has been DOWN since Feb 25th, 2025 at 39.672099
The intermediate-term trend has been UP since May 8th, 2025 at 38.725475
The short-term trend has been UP since May 8th, 2025 at 38.502232
Smart Scan Analysis for SARJPY
Based on our trend formula, SARJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.291224 | 38.923329 | 38.291066 | 38.893695 | +0.602471 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.772688 | 2025-05-08 20:46:47 |